Novagold Resources Stock Cash Flow From Operations
| NGR Stock | EUR 3.22 0.01 0.31% |
NOVAGOLD RESOURCES fundamentals help investors to digest information that contributes to NOVAGOLD RESOURCES's financial success or failures. It also enables traders to predict the movement of NOVAGOLD Stock. The fundamental analysis module provides a way to measure NOVAGOLD RESOURCES's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NOVAGOLD RESOURCES stock.
NOVAGOLD |
NOVAGOLD RESOURCES Company Cash Flow From Operations Analysis
NOVAGOLD RESOURCES's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current NOVAGOLD RESOURCES Cash Flow From Operations | (12.37 M) |
Most of NOVAGOLD RESOURCES's fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NOVAGOLD RESOURCES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
| Competition |
In accordance with the recently published financial statements, NOVAGOLD RESOURCES has (12.37 Million) in Cash Flow From Operations. This is much lower than that of the Other sector and significantly lower than that of the Other industry. The cash flow from operations for all Germany stocks is notably higher than that of the company.
NOVAGOLD Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NOVAGOLD RESOURCES's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NOVAGOLD RESOURCES could also be used in its relative valuation, which is a method of valuing NOVAGOLD RESOURCES by comparing valuation metrics of similar companies.NOVAGOLD RESOURCES is currently under evaluation in cash flow from operations category among its peers.
NOVAGOLD Fundamentals
| Current Valuation | 1.88 B | |||
| Price To Book | 49.08 X | |||
| EBITDA | (45.41 M) | |||
| Net Income | (53.34 M) | |||
| Total Debt | 123.69 M | |||
| Cash Flow From Operations | (12.37 M) | |||
| Number Of Employees | 17 | |||
| Market Capitalization | 2.03 B | |||
| Total Asset | 159.19 M | |||
| Z Score | 9.6 | |||
| Net Asset | 159.19 M |
About NOVAGOLD RESOURCES Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NOVAGOLD RESOURCES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NOVAGOLD RESOURCES using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NOVAGOLD RESOURCES based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in NOVAGOLD Stock
When determining whether NOVAGOLD RESOURCES is a strong investment it is important to analyze NOVAGOLD RESOURCES's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NOVAGOLD RESOURCES's future performance. For an informed investment choice regarding NOVAGOLD Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOVAGOLD RESOURCES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade NOVAGOLD Stock refer to our How to Trade NOVAGOLD Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..